Microeconomics 3rd edition by R. Glenn Hubbard, Anthony Patrick O’Brien – Ebook PDF Instant Download/Delivery:0136021972, 9780136021971
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Product details:
ISBN 10: 0136021972
ISBN 13: 9780136021971
Author: R. Glenn Hubbard, Anthony Patrick O’Brien
Table of contents:
PART 1: Introduction
-
Economics: Foundations and Models
- Key Economic Ideas
- Economic Problem That Every Society Must Solve
- Centrally Planned Economies vs. Market Economies
- Modern “Mixed” Economy
- Efficiency and Equity
- Economic Models
- Microeconomics and Macroeconomics
- Important Economic Terms
-
Trade-offs, Comparative Advantage, and the Market System
- Production Possibilities Frontier and Opportunity Costs
- Comparative Advantage and Trade
- The Market System (including Circular Flow of Income, Market Mechanism, and Legal Basis)
-
Where Prices Come From: The Interaction of Demand and Supply
- Demand Side of the Market
- Supply Side of the Market
- Market Equilibrium
- Effect of Demand and Supply Shifts on Equilibrium
-
Economic Efficiency, Government Price Setting, and Taxes
- Consumer and Producer Surplus
- Efficiency of Competitive Markets
- Government Intervention (Price Floors, Price Ceilings, and Black Markets)
- Tax Incidence
PART 2: Markets in Action
-
Externalities, Environmental Policy, and Public Goods
- Externalities and Economic Efficiency
- Private Solutions to Externalities (Coase Theorem)
- Government Policies for Externalities
- Categories of Goods (Public Goods and Common Resources)
-
Elasticity: The Responsiveness of Demand and Supply
- Price Elasticity of Demand and Supply
- Determinants of Elasticity
- Other Demand Elasticities (Cross-Price and Income Elasticity)
PART 3: Firms in the Domestic and International Economies
-
Firms, the Stock Market, and Corporate Governance
- Types of Firms and Corporate Structure
- How Firms Raise Funds (Stocks and Bonds)
- Using Financial Statements
- Corporate Governance Policy
-
Comparative Advantage and the Gains from International Trade
- Importance of Trade to the U.S. Economy
- Comparative Advantage in International Trade
- Government Policies that Restrict International Trade (Tariffs, Quotas)
- Arguments Over Trade Policies and Globalization
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